Bank of America Warns Customers Against Sharing Passwords With AI Agents

28 Oct 2026, 3:14 am · 3h ago · 1 min read · TechCrunch AINew

Bank of America has issued a formal advisory asking customers to refrain from sharing their online banking passwords and credentials with artificial intelligence assistants and autonomous agents. The major financial institution emphasized that account holders remain fully responsible for any financial activity, fund transfers, or transactions executed by third-party AI software on their behalf. As consumer adoption of AI agents capable of browsing and performing tasks increases, banks are confronting fresh security vulnerabilities. The warning highlights emerging liability questions around autonomous agent authentication, fraud detection, and customer account safety in digital banking ecosystems.